JChampForex

2 options for USDJPY trade set up.

FX:USDJPY   U.S. Dollar / Japanese Yen
Here we have 2 trade possibilities for USDJPY So for now I will wait for more confirmation. A break of daily trend line and I will go long on a retest , and for the second scenario I will go short after a retest if we have a good momentum break and close below my weekly support level.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.